Passur Aerospace (OTCMKTS:PSSR) Shares Up 16.1% – Here’s What Happened

Shares of Passur Aerospace Inc. (OTCMKTS:PSSR – Get Free Report) shot up 16.1% during trading on Tuesday. The stock traded as high as $0.36 and last traded at $0.36. 600 shares were traded during mid-day trading, The stock had previously closed at $0.31.

Passur Aerospace Stock Performance

The stock’s 50-day moving average is $0.34 and its two-hundred day moving average is $0.28.

Passur Aerospace Company Profile

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Passur Aerospace, Inc provides business intelligence, data analytics and decision-support solutions for the aviation industry. Its technology is designed to help airlines, airports and other aviation organizations monitor operations, identify disruptions and improve the efficiency of aircraft and airport activities.

The company’s offerings have included aviation data integration, operational monitoring, predictive analytics and performance-management tools. These solutions use information from sources such as aircraft movements, airport operations and air traffic activity to support decisions involving flight operations, airport capacity, delays, scheduling and resource allocation.

Passur Aerospace has served participants across the aviation sector, including commercial airlines, airports and air-traffic-management organizations, with solutions marketed for use in domestic and international aviation environments.

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